PPP Loan information for Adchem manufacturing technologies inc

$1,751,768

Adchem manufacturing technologies inc was initially approved for PPP Loan of amount $1,751,768, the current approved amount is $1,751,768. The loan was approved on 01/23/2021 by The Manufacturers and Traders Trust Company reported 93 jobs and $1,751,768 was used to fund payroll.

Adchem manufacturing technologies inc is Existing or more than 2 years old

ADCHEM MANUFACTURING TECHNOLOGIES INC

Date Approved

01/23/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

ADCHEM MANUFACTURING TECHNOLOGIES INC

Borrower Address

369 Progress Dr

Borrower City

Manchester

Borrower State

CT

Borrower Zip

06042-2296

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1751767.50

Current Approval Amount

1751767.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Manchester

Project County Name

HARTFORD

Project State

CT

Project Zip

06042-2296

CD

CT-01

Jobs Reported

93

NAICS Code

336412

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1751762.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1769525.14

Forgiveness Date

02/04/2022

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